Mortgage Meltdown-Update Old Theories With Marijuana

Jim Finnel

Fallen Cannabis Warrior & Ex News Moderator
The mortgage market has crashed; gone to pot. The NY Times reports Freddie Mac & Fannie Mae stocks are crashing; who knows where they will be next Monday after the Fed buys-bails them out.

The dollar & stock market are falling; oil hit a new record high of $147 per barrel. Climate change and world food shortage and the wars continue. As a modest proposal, I suggest that Freddie Mac, Fannie Mae, the FED, McBush needs some marijuana to help them adjust their Eco-economic attitude. Perhaps a Joint Session of Congress would help.

No, marijuana will not stop the mortgage meltdown. The Fed and other financials institution have created this socio-political-economic system of endless inflation & debt. The Fed always has the same solution; less freedom & more debt for Americans. The Fed is doing a good job managing the crisis they and their friends created. We, the people, must become Eco-Entrepreneurs and fix this mess.

Yes, Marijuana will help the Eco-economy. Think outside the box for a moment…hemp is 4 time more effective than trees at absorbing CO2; and it grows everywhere like a weed. Medical Marijuana reduces health care costs, hemp seeds are very nutritious and the hemp stock is a versatile, natural raw material for industrial & consumer products.

So, why is Marijuana never options for the financial elite? In 1937, an earlier Congress and Financial Elite made Marijuana illegal in 1937, for their self-serving business interests. You can not patent natural products like hemp/marijuana. Marijuana or other Green Enterprises does not fit their outdated economic theories.

The FED represents all the people in the financial system and it speaks for them. They all accept the ‘FED-Wall Street Party Line’. These ‘elite workers’ are told not to connect the pieces to the planetary puzzle if they want to keep their jobs and status. Despite their degrees & resumes, the people running the FED, etc. do not understand economics or ecology. If they did, we would not be in this planetary mess.

The economic & ecological policies of Bush-Big Oil-Big Pharma-Federal Reserve Bank-Wall Street have orchestrated a string of serious miscalculations. Recession/Depression-Mortgage Crisis-Climate Change-World Food Shortage-Gas Prices-Inflation-Resource Wars-Loss of Civil Liberties-Debt to China, occurring simultaneously, has our socio-political-economic system in chaos. These failed policies have been based on socio-political-economic theories that ignore planetary ecology and human population growth.

Economic Theories and World Population

The Universe (God) is Infinite; the Earth is Finite. Any sustainable economic theory requires a stable ecology-environment to operate. Economic models can no longer assume natural resources (oil, soil, water & air) are always available. Population growth no longer just means ‘more customers’. Existing theories were developed for a smaller population & stable ecology.

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World population has more than doubled since John Kennedy was President. World population has grown almost 10 times since Capitalism began. The environment-ecology must be paramount in every decision to manage this increased strain on planetary resources.

In Eco-Economics, the purpose of business is to make a profit while helping people live sustainably. With Eco-Economics, ecology is more important than profit or jobs, in most cases. Environmental protection is a primary role of government, along with Defense, Courts & Commerce-Monetary System.


Eco-Economics could be called Neo-Schumpeterian because it is based on the Entrepreneur and the Creative Destruction of Capital, the basis of Schumpeter’s theories. Both individual and corporate entrepreneurship are part of Eco-economics. As the old economy is ‘creatively destroyed’, eco-entrepreneurs will build a new green, sustainable economy; thus creating new capital.

Eco-economics strives for diversity of Income Resources. Checks, Cash, Saving, Trade, Production and Recycling are diverse income resources. Everyone will still have to pay their mortgage & car payment with Check-Money from Jobs or Investments. However, other expenses can be avoided or paid with non-check resources. How you spend your time will determine your mix of income resources. Diversify your income resources to have more stability in your life; be less dependent on the unstable, leveraged-debt financial system.

Hemp Eco-entrepreneurs are doing this now around the world. Federal Prohibition has America behind other nations in the Hemp business. But it is a local market; and Americans has good, very resourceful farmers. The Oregon Cannabis Tax Act that would legalize production of hemp is an example of a win-win Eco-economic proposal. A new green, sustainable eco-industry is ready to happen in America. Marijuana does not solve population issues. However, hemp can take some pressure off of an economy and ecology that needs relief.

Other Eco-entrepreneurial businesses include Vermicomposting, Electric Cars, Hydrogen Fuel and many more. ‘Greening’ your current job or business is Eco-entrepreneurial. Finding ‘Green opportunities for sales, distribution or training’ is Eco-entrepreneurial. Even, planting a garden is part of the Eco-economic model.

Schumpeter felt the attitude of the political-business interests towards entrepreneurs determined how and where an economy grew. The FEDs attitude and Federal Laws regarding Marijuana are holding back an American Eco-economic boom; they need attitude adjustment. Perhaps, after this weekend, the FED, Wall Street, Congress and ‘We, the People’ will develop an Eco-economic perspective that will actually be a sustainable solution.

Peter Kennedy is a 40 year Medical Marijuana User & Martial Artist & Mr. Mom. He has an MBA and studied Economics at Notre Dame. He operated his computer software business until an accident disabled him. In order to restore his health, he developed Angel Oil and uses cellular renewal nutrition; he has fully recovered. Peter now works in the bio-tech industry.




News Hawk: User: 420 MAGAZINE ® - Medical Marijuana Publication & Social Networking
Source: Salem-News.com
Copyright: 2008 Salem-News.com
Contact: newsroom@salem-news.com
Website: Mortgage Meltdown-Update Old Theories with Marijuana - Salem-News.Com
 
Freddie Mac & Fannie Mae are the most widley known institutions of the USA's mortgage industry. However, other banking institutions like IndyMac (note the Mac) failed on Friday and has been put into " FDIC Conservatorship" ( gee :) Indymac Bank held my mortgage and now I guess I'll pay the Feds until we see who gets this mess> Indymac Bank was 3rd largest to Freddie Mac & Fannie Mae in mortgage holdings, On Friday June 11th depositors withdrew $100 Million of cash from Indynac's Bank. Those who are at $100K or less will be "OK" as is stated by the FDIC: Warning to anyone out there in any bank who has over $100K in cash in there or $250K in CD's get 'em out cash out now "CASH IS KING" . Sit back tight for awhile till things settle down. It will.
I sat for years on my grandfathers knee and listened to him and my dad tell me of these times during the 1920's- 30's the " Depression era" and how thru time it can happen again. And it has along the last 80-90 years. we are all globally in this one, and will surley ride the wave out.

The taxation and regulation of all cannabis products can help revitalize a new world trend in many diversified regions globally, Speaking for the USA Canada & Mexico, or the new " United States of Canexico" what a grand idea here!!!!! In legally producing all forms of cannabis for Food, Clothing, Bio fuels, Oils, paper, building materials, etc... for a global audience can & will help reduce the economical & social burdens of socieites.

The US Dollar is in the crapper, but we do produce some mighty fine herb>

By creating a wider based industry than cannabis is currently, and expanding on technology infused with all aspects cannabis, education, and perseverance, THE SKY IS THE LIMIT for all of us.
 
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